Despite fears of market crashes, wars, and negative news, data from charts, on-chain activity, and macroeconomic trends have pointed to a continued uptrend. Many have been expecting this breakout for months, and Bitcoin’s next major target could be around $120,000. 🤑
According to the esteemed analyst Mr. Brownstone, Cardano has just logged its first-ever weekly golden cross, with the 50-week moving average climbing above the 200-week line. This is a momentous occasion, indeed!
Dogecoin price forecast | Source: TradingView
In a rather amusing tirade on the ever-irreverent platform X, the institutional DeFi solutions provider Sentora—previously known as the delightful IntoTheBlock—has regaled us with their latest findings from the infamous Correlation Matrix. One might wonder, what *is* this Matrix? Think of it as a matchmaking service for our beloved cryptocurrencies and traditional markets!
Crypto market expert, Tehi Thomas, in a recent TradingView post, suggested that Bitcoin’s current structure may be entering its final corrective phase. The analyst points to a potential price crash below the $107,000 level as part of a strategic play by smart money.
And so, with a heavy heart and a generous severance package, Eigen Labs has made the difficult decision to part ways with a significant portion of its crew. This is not an uncommon tale in the crypto realm, where the winds of change can shift as quickly as the market itself. 🌪️
But don’t get too excited just yet! 😅 Resistance remains firm near $0.90, and technical indicators are only pointing to a period of reduced selling pressure. It’s like trying to hold water in your hands – it might look promising, but it can all slip away in an instant. 💧
Following the explosive rally in Strategy (formerly MicroStrategy) and Metaplanet stocks, and other public firms embracing crypto treasuries, a new billion-dollar player, ReserveOne, has made its own entry.
So this trader, CasiTrades—prominent, naturally, because any analyst worth two satoshis is always “prominent”—posts on X, formerly Twitter. (By the way, you rebrand to a single letter and you expect people to take you seriously?) She’s pointing out some chart formation like she’s deciphering the Dead Sea Scrolls, but nope—it’s just XRP possibly breaking out of yet another triangle. I mean, the only triangle I’m interested in is a slice of pizza.
Monad said the acquisition will accelerate its push into the stablecoin space and improve tools available for developers and fintechs building with digital dollars. Monad is a layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM) and capable of over 10,000 transactions per second. 🚀
